Main Street Capital Corporation’s Post

A unique set of conditions appear to be setting up a market that is primed for opportunistic real estate lending and investing opportunities with private credit positioned to thrive, Dominic De Simone and Siobhan O'Donnell wrote in the below alert. #RealEstateLending #PrivateCredit https://bit.ly/49aDnAS

In 2023, only 26% of the $35.8 billion office CMBS debt was fully paid off due to difficulties in refinancing or selling properties. With $46.6 billion more maturing by 2025 and a 40% drop in property values, the challenges for U.S. office loans are only getting started. Here's what might happen next 👉 🔗 https://lnkd.in/eGEmikyw Source: CRED iQ & The Wall Street Journal #debt #loans #office #cmbs #banks #realestate #commercialrealestate #lending #credaily #news #properties #officeloans

CRED iQ made the top article in today's CRE Daily newsletter blast! See below for the analysis and link to the WSJ article. CRED iQ®

MSCI Real Assets reports over $20 billion in potentially distressed apartment complexes purchased in the last three years, a figure that expands significantly when including properties not recently sold. Despite these challenges, Blackstone sees potential investment opportunities in multifamily assets, with COO Jonathan Gray expressing a long-term positive outlook despite short-term obstacles. Whether you’re setting your sights on multi-family projects, retail shopping centers, or exploring the potential of industrial and office building projects, we provide hard money loans for your investments. Learn more at https://lnkd.in/gfFBGk_S https://lnkd.in/dGKZz3Cw #CapitalFundingNW #TheFundingMachine #multifamily #commercialrealestate #loans #funding #financing

In 2018, Brian Walter, John C. Lettera, ESQ, and Steven Wissak – professionals with extensive industry experience across finance, real estate, law, loan structuring, and portfolio management – identified a void in the asset-based lending market. While there are many bridge lenders, there were not many scaled bridge lenders. The three principals built out a robust team of real estate pros to underwrite and fund high-yield short-term bridge loans for real-estate developers across the US and to bring an institutional approach to this very fragmented industry. The launch of Fairbridge delivered a relationship approach to real estate developers and provided a reliable source of short-term capital to take their projects from acquisition to income-producing property. Read more in our latest article: https://hubs.la/Q02GQb5v0 At Fairbridge, we don’t try to be all things to all people in all places. We use an institutional, focused approach to asset bridge lending built on decades of market experience. With robust knowledge across 19 states, a high percentage of repeat borrowers, and a rigorous onsite evaluation process, we know each local market and the people in them. To find out more about our approach and our experience, visit https://hubs.la/Q02GQ9wY0.  #realestatefinancing #bridgeloans #bridgeloans #bridgelending #RealEstateBridgeLoans #AlternativeInvestments #fairbridge #commercialrealestate #realestate #workforcehousing #classbhousing #housingcrisis

Fairbridge gives family offices, high net-worth individuals and accredited investors an opportunity to participate in a typically stable form of private credit investment. With loan-to-value ratios in the 40-70% range, and interest-rates in the 10-15% range, the loans are designed to deliver attractive, risk-adjusted returns with limited volatility.

As lenders grow more selective, private equity is poised to increasingly target multifamily and industrial assets. For now at least, office and retail are at "the back of the line." #Multifamily #CRE #CommercialRealEstate

Q1 2024 Review: Managers expand #lending platforms ahead of $930bn maturity wall A growing number of commercial real estate managers have launched or expanded their lending platforms over the past three to six months. https://okt.to/oPK1wn #alternativelending #capitalmarkets #realestatedebt #debtfunds #lenders

𝐆𝐨𝐥𝐝𝐦𝐚𝐧 𝐒𝐚𝐜𝐡𝐬 𝐂𝐥𝐨𝐬𝐞𝐬 $𝟕 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐃𝐞𝐛𝐭 𝐅𝐮𝐧𝐝 𝐭𝐨 𝐀𝐝𝐝𝐫𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐦𝐚𝐧𝐝𝐬 #GoldmanSachs has strategically positioned itself as a key player in the real estate finance landscape with the recent closing of a $7 billion real estate debt fund. As traditional banks pull back amidst economic uncertainties concerning valuations, inflation, and interest rates, Goldman's West Street Real Estate Credit Partners IV emerges to fill a critical financing gap. This fund, bolstered by $3.6 billion from investors and $1.4 billion of Goldman’s own capital, aims to provide robust debt financing solutions, particularly targeting high-quality real estate projects undergoing transitions like refurbishments or developments. For #commercialrealestate landlords in Los Angeles, this could signify a vital influx of available capital for projects that might have stalled due to funding shortages. The fund’s focus on both first-lien and mezzanine financing offers flexible solutions for property enhancements and refinancing, potentially accelerating property value enhancements and stabilizing income streams. As private lenders now originate nearly half of all commercial real estate mortgages, this move by Goldman Sachs could encourage more competitive lending conditions, benefitting landlords with improved loan terms and expanded opportunities. Landlords and investors in the Los Angeles area should closely monitor this development as it may influence project viability and capital access. Follow our page Beyond Space Inc. for more updates on how shifts in real estate financing can impact your investment strategies.

The increased risk in commercial real estate portfolios is a well-known challenge for banks and investors. Many financial institutions are either offloading these high-risk assets or strategically adjusting their portfolios to reduce exposure. It’s crucial for banks to reassess their current origination processes, asset management practices, and loan and portfolio reporting to mitigate these risks effectively. In my experience supporting investors with bank and loan portfolio acquisitions, I’ve observed that many banks lack robust underwriting guidelines, effective risk grading, and accurate portfolio reporting. Our team is here to assist you across the entire capital stack—from bank operations and underwriting to property and portfolio acquisitions, as well as supporting investors in acquiring banks. We are your dedicated due diligence partner. Don’t wait until the situation escalates; reach out if you need assistance. Being proactive is far better than reacting when the crisis hits.